Victory Company uses weighted-average process costing to account for ts added evenly throughout the process. Direct materials are added at the beginning of the process. During November, the company transferred 770,000 units of product to finished goods. At the end of November, the goods in process inventory consists of 192,000 units that are 60% complete with respect to labor. Beginning inventory had $312,650 of direct materials and $132,780 of direct labor cost. The direct material cost added in November is $2,092,350, and the direct labor cost added is $2,522,820. References